Category Archive: Cryptocurrency, No picture
SEC targets Ripple’s XRP sales on exchanges, distributions of XRP to employees in new filing
Key Takeaways The SEC’s appeal does not contest XRP’s classification as a non-security but challenges other aspects of the ruling. The appellate court will conduct a de novo review of the SEC’s claims against Ripple’s XRP transactions. Share this article The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital […]
Moo Deng tops list as normies’ favorite meme coin in street survey
Key Takeaways Moo Deng is the most popular meme coin among non-expert crypto participants. Bitcoin’s stability has helped foster a thriving market for meme coins. Share this article Rasmr, a well-known crypto Twitter KOL, recently conducted a survey asking normies—people not deeply involved in crypto or meme coins—which meme coin was their favorite. Since meme coins […]
Sam Altman’s WLD token falls 10% following Worldcoin rebrand
Key Takeaways Worldcoin rebrands to ‘World’, token falls by 10%. New World ID 3.0 introduced with advanced privacy features. Share this article Worldcoin, co-founded by Sam Altman, has officially rebranded its network to World in an ambitious move unveiled during a major event held in San Francisco earlier today. Altman and co-founder Alex Blania outlined the […]
Ripple CEO says IPO is not a priority but remains possible amid SEC battle
Key Takeaways Ripple CEO states IPO is not a priority due to strong financials and SEC issues. Ripple introduces RLUSD stablecoin to replace USDC and Tether for liquidity. Share this article Ripple CEO Brad Garlinghouse shared insights on the XRP ecosystem’s future, crypto ETF trends, and Ripple’s regulatory challenges in the US during a recent […]
FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval
Key Takeaways An Alabama man orchestrated a SIM swap to illegally access and manipulate the SEC’s Twitter account. The fraudulent Bitcoin ETF approval tweet caused a rapid $1,000 increase and subsequent $2,000 decrease in Bitcoin prices. Share this article The Federal Bureau of Investigation (FBI) today announced the arrest of Eric Council Jr., an Alabama […]
Solana gets new meme coin trading terminal with Jupiter’s Ape Pro
Key Takeaways Ape Pro provides advanced trading tools like real-time token streaming and MEV protection. Jupiter’s new platform Ape Pro simplifies access with one-tap social login. Share this article Jupiter, Solana’s leading DEX swap aggregator, has introduced a new meme coin trading platform called Ape Pro.Ape Pro, announced earlier today through Jupiter’s official X account, […]
ECB makes 25 bps rate cut as inflation drops to three-year low
Key Takeaways ECB’s rate cut follows a significant drop in inflation to 1.8%. Further rate reduction anticipated by markets by December. Share this article The Euro Central Bank (ECB) decided to cut interest rates by 25 basis points during its monetary policy meeting today, lowering the key rate from 3.5% to 3.25%. This is the […]
Stripe looking to acquire stablecoin payment network Bridge
Key Takeaways Stripe is in advanced discussions to acquire Bridge, a platform specializing in stablecoin transactions. The deal could significantly enhance Stripe’s capabilities in the stablecoin sector. Share this article Stripe, the privately-owned payments giant, is in discussion to seal a deal to acquire Bridge, a stablecoin payment platform founded by Coinbase alumnus Sean Yu, […]
Bitwise updates XRP ETF filing with new S-1 submission
Key Takeaways Bitwise revises its XRP ETF filing, enhancing custody and trading structures. SEC’s decision on Ripple appeal crucial for Bitwise XRP ETF’s future. Share this article Bitwise has updated its submission for launching an XRP-based ETF by revising its S-1 registration with the SEC with a new filing released today. The latest filing refines the […]
Elon Musk donated $75M to his pro-Trump super PAC in Q3
Key Takeaways Elon Musk’s $75 million donation to America PAC fuels Trump’s battleground strategy ahead of the 2024 election. Trump previously hinted at a potential cabinet role for Musk, sparking speculation about his influence in a second term. Share this article Tesla CEO and billionaire Elon Musk has cemented his role as a significant force […]
